1. Refer to figure 1.6, Present Choices and Future Locations of Production Possibilities
Curves:
· Which economy, Presentville or Futureville, will experience greater growth?
· Why?
· How does a societies’ choice between consumer goods and capital goods affects its potential for economic growth?
Goods for the futureFuturecurveCurrentcurveOGoods for the present(a)Presentville
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